Latest News Author: backerman

Attached is a bulletin announcing that DU for Government Loans will be updated to support the VA 2013 county loan limit changes. Updated will occur during the weekend of January 12, 2013. Submission made prior to the weekend of January 12, 2013, will be based on the 2012 VA county loan limits. Loan casefiles resubmitted, […]

Please see the attached bulletin announcing that New York is now available to the Wholesale Channel. Effective today, December 7, 2012 The following systems are ready: Data Trac Pipeline Manager DocuTech Comergence Training is scheduled for the week of December 10, 2012 New York state guide is available on the Intranet Download: Bulletin - #W1317 […]

Please see the attached bulletin regarding the Holiday Luncheon on Friday, December 7, 2012. Luncheon starts at 11:30 and the office will be closed for the remainder of the day Lock Desk will be closing early on Friday at 10:00 AM PST Announcement will be posted on the website Download: Bulletin - #W1316 (PDF)

Please see the attached bulletin regarding the announcement that Tennessee, Idaho and Kentucky are now approved states for the Wholesale channel. The following systems are ready for the additional states: Data Trac Pipeline Manager DocuTech State specific guides are posted on the Intranet for additional information. Download: Bulletin - #W1315 (PDF)

Attached is a bulletin regarding updates to the FHA, FHA Streamline and DU Refi Plus programs. FHA Guidelines have been updated to state that requirements from one loan program to another are described in the applicable product matrices Clarification has been provided on FHA Streamline loans regarding: Current 30-day bank statement, reflecting beginning and ending […]

Carrington Mortgage Holdings EVP Corporate Communications, Rick Sharga, was featured on Yahoo Finance’s Daily Ticker. This video interview covered the current housing recovery, shadow inventory, and the role of investors in the market. You can find the interview and video here: http://finance.yahoo.com/blogs/daily-ticker/housing-conflicting-factors-sustainable-recovery-172931334.html

Bulletin W1313 - Connecticut State Specific DU Refi Plus Disclosure Attached is a bulletin regarding a Connecticut state specific disclosure on DU Refi Plus loans. Disclosure entitled Higher Interest Rate in Lieu of Private Mortgage Insurance Disclosure Disclosure included in both early disclosures and loan documents Effective immediately Download: Bulletin - #W1313 (PDF)

Bulletin W1312 - Updated FEMA Disaster Declaration for Connecticut, New Jersey and Rhode Island Attached is a bulletin regarding an update for Hurricane Sandy for the state of Connecticut; additional counties have been added for Individual Assistance, they are: Litchfield Tolland Windham Please check your pipelines. Download: Bulletin - #W1312 (PDF)

Attached is a revised bulletin regarding the upcoming Thanksgiving Day Holiday. Thursday November 22, 2012 is Thanksgiving and is a Federal Holiday Lock Desk will be closing early on Wednesday November 21, 2012 at 2:00 PM PST Lock Desk will be closing early on Friday November 23, 2012 at 12:00 PM PST Locks that expire […]

Please see the attached update regarding Hurricane Sandy. Note, that Maryland, North Carolina and Virginia have been REMOVED from the list. Rhode Island has been UPDATED to include only Washington and Newport counties. Download: Bulletin - #W1309 (PDF)